By Abdullahi T. BIDA MTN Nigeria Communications Plc (MTN Nigeria), the leading telecommunication service provider in the country, on Thursday, 29 February 2024, submitted its full-year audited report for the year ended 31 December, 2023 to the Nigerian Exchange (NGX). The report showed very impressive highlights like growths in total subscriber base, active data users, active mobile money (MoMo PSB) wallets, service revenue and earnings before interest, tax, depreciation and amortization (EBITDA). Despite all these positive highlights in the Statement of Accounts, the media and most analysts ..read more

The president of the Nigeria Internet Registration Association (NiRA), Adesola Akinsanya has said that the .ng domain name, Nigeria’s country code top-level domain (ccTLD), is the nation’s critical resource in the digital space. The .ng domain extension is unique to Nigeria, and it can give businesses a strong local identity. This can help establish trust with customers, which is especially important for businesses that rely on local customers. Akinsanya made the comments at NiRA Executive Board of Directors (EBOD) and Management Training held at the Lagos Business School (LBS). The NiRA Execu ..read more

First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective April 2024. The announcement was made official through a notification to the Nigerian Exchange Limited and the investing public, adhering to the Issuers’ Rules of The Exchange. Alebiosu’s appointment follows the sudden resignation of Dr. Adesola Adeduntan, who has served as the Managing Director/CEO of First Bank. The First Bank acting CEO is stepping into this pivotal role from his previous position as the Executive Director, Chief Risk Officer, and Executive C ..read more

The National Information Technology Development Agency, (NITDA) has expressed its readiness to collaborate with the National Identity Management Commission, (NIMC) on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) to enhance digital identity, payment ecosystem and secure seamless exchange of data in the country. NITDA’s move Digital TimesNG learnt, is to further strengthen Nigeria cyberspace and enhance digital trust as enshrined in the National Information Technology Development Agency, (NITDA) Strategic Roadmap and Action Plan 2.0.   The Agency’s D ..read more

Participants reminded of their responsibility in harnessing the power of AI for the betterment of humanity. Minister emphasised the need for inclusive participation in shaping the trajectory of AI development. Nigeria’s Federal Ministry of Communications, Innovation and Digital Economy recently organised a workshop that would co-create a National Artificial Intelligence (AI) Strategy that will leverage the Human-Centred Design (HCD) approach to formulating a strategy that focuses on the needs of Nigeria and the world. Digital TimesNG learnt that the 4-day stakeholders’ strategy workshop with ..read more

–The lecture which will herald Africa’s Beacon of ICT (ABoICT) Merit and Leadership Awards This year’s Africa’s Beacon of ICT (ABoICT) Merit and Leadership lecture will focus on the role of artificial intelligence in a digital economy with the theme: “Artificial Intelligence (AI): The Good, The Complex and The Anticipated.” The lecture which will herald Africa’s Beacon of ICT (ABoICT) Merit and Leadership Awards will be held on May 25, 2024, at Four Points by Sheraton, according to a statement made available to Digital TimesNG on Sunday. The sixteenth edition of the award ceremony according to ..read more

Shareholders Approve Access Holdings Capital Raising Programme Access Holdings final dividend stood at N1.80 kobo per every N0.50 kobo ordinary share for the 2023 financial year Access Holdings Plc has disclosed that plans are ongoing to implement a user-friendly digital platform to facilitate seamless participation in the rights issue. It said the proceeds of the Rights Issue would be used to support ongoing working capital needs, including organic growth funding for its banking and other non-banking subsidiaries. The disclosure is coming on the heels of the shareholders of Access Holdings Pl ..read more

Director General of the National Information Technology Development Agency, (NITDA) Kashifu Inuwa has reiterated the need for collaboration that would bring about the best solutions from ideas, experiences, insights, and shared knowledge needed for the country’s development.    Inuwa stated this while playing host to the participants of the 2024 Senior Executive Course 46 led by Brig. Gen. Abdulrahman Idris, on a strategic tour to understudy the Agency’s operations on the advancement of Digital Economy in line with the present administration’s Agenda, ac ..read more

Hackaholics 5.0 Will Be Executed Over Six Months 10 Universities Across The Country Will Be Toured Within This Period Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced the Call for Entries in the 5th edition of its flagship youth and startup-focused tech competition, Hackaholics. This announcement was made at a Press Conference held at Wema Bank’s Head Office on Thursday, April 18th, 2024, declaring the registration portal for Hackaholics 5.0 officially opened. Hackaholics is an annual tech and innovation competit ..read more

–5 lucky winners in the PalmPay Eid Bonanza have been emerging daily simply by performing tasks on the app -Lucky winners in the PalmPay Eid Bonanza have either been transferring funds, airtime and data purchases, bill payments, and savings in the App PalmPay has announced the first set of winners in its ongoing Eid campaign tagged PalmPay Eid Bonanza, which kicked off on April 10th and will run until April 30th, 2024. Digital TimesNG can report that since the start of the bonanza on April 10th, 5 lucky winners have been emerging daily simply by performing tasks on the App such as transferring ..read more